PA
PHILADELPHIA
PHILADELPHIA
19103
2047 LOCUST STREET
2047 LOCUST STREET, PHILADELPHIA, PA 19103
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Listing Type
Commercial/Industrial
Listing Status
active
33
$1,875,000

Home Details for 2047 LOCUST STREET

Price
$1,875,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1900
Lot size acres
0.04
County
PHILADELPHIA
Garage
Days on site
23
MLS Listing#
PAPH2518152
Property Description

Versatile Income-Producing Property in the Heart of Rittenhouse Square! Welcome to this charming and uniquely special property located just a block and a half from the iconic Rittenhouse Square Park! Perfectly positioned in one of Philadelphia’s most sought-after neighborhoods, this RM1-zoned gem offers exceptional versatility and investment potential. Whether you're seeking a multi-family conversion, a luxurious single-family residence, or continuing its current approved use as an elegant professional office building, the possibilities are endless. Currently configured as a fully operational office space with multiple business tenants, this property provides a steady stream of income. There is a total of 8 office units throughout the 2nd, 3rd and 4th floors. 3 of the 8 units are tenant occupied, and the other units are owner occupied. As you enter the first floor and you’ll find an attorney’s office featuring a welcoming reception area, front desk, kitchen space, two half bathrooms, and a spacious conference room. The second floor boasts a large main office with a fireplace and an alcove off this office along with two additional private offices. The third floor offers three more offices, including another with a fireplace, plus an additional half bath. On the fourth floor, you’ll find two more offices ideal for a variety of uses. The full basement offers generous storage space, while the dual-zoned HVAC system ensures comfort throughout. The customized windows installed just a few years ago provide both efficiency and aesthetic appeal. 3+ car parking at the rear of the property is a great bonus! Don’t miss this rare opportunity to own a piece of Philadelphia history with this truly flexible and income-producing property in one of Philadelphia’s most prestigious locations!

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Property Features
  • Parking
    • Private
    • Paved
    • Parking Lot
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
Listing Courtesy: Coldwell Banker Realty - 215-641-2727
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Last Updated: 2025-09-05 11:55:07
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Rich Roberts
Sales Representative
Office
215 623 6000
Agent
717 723 0755
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